Haryana hoping Rs. 1 lakh crore worth investments from biz summit

Kolkata, Jan 30 (IANS) The Haryana government is expecting to attract investments worth over Rs.one lakh crore in its first ever investors summit to be held in Gurgaon in March, a state minister said here on Saturday.

In the build-up to the March 7-8 investors’ summit, Chief Minister Manohar Lal Khattar and state Industry Minister Capt. Abhimanyu held a road show in the city inviting investors.

“On the investment front, we have been doing really well. In 2015 we attracted investments worth over Rs.20,000 crore. In our first ever investors’ summit, we have ambitions to garner investment worth over Rs.100,000 crore and generating employment of at least four lakh,” Abhimanyu told media persons.

Khattar who during the day held meetings with city investors said discussions were made for investments worth Rs.5,000 crore from them.

“So far we have met over a dozen investors here and w had discussions of investment of at least Rs.5,000 crore. We will be meeting some more investors and confident the invstmnet figure will rise,” he said.

Projecting Haryana as the ideal destination for investment, Khattar cited the state’s geographical advantage and the state government initiatives in ensuring ease of doing business.

“With at least 57 percent of area under the National Capital Region, Haryana enjoys locational advantage. We are a power surplus state besides there is sufficient land for any project,” hje said.

Talking about ease of doing business, Khattar said for projects worth Rs. 10 crore or less, the procedural clearance will be done at the local administration level.

“We have not only created a single window clearance for the projects, but we have identified 31 administrative blocks where investors will be given auto certification for CLU (change in land use),” he added.